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DOM.RF began issuing preferential mortgages in the Far East - EastRussia | Far East

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DOM.RF began issuing preferential mortgages in the Far East

DOM.RF began issuing preferential mortgages in the Far East
Photo: pixabay.com

DOM.RF Bank launched a mortgage at 2% for the purchase or construction of housing in the Far East. You can get a home loan from December 9 of 2019 year to December 31 of 2024 year.

As the press service of the bank, the rate of 2% per annum will be valid for the entire loan term. Spouses can apply for a preferential mortgage not older than 35 years, as well as unmarried borrowers not older than 35 years who have minor children. Also, participants in the Far Eastern Hectare program for building a house can receive such a loan.

Money can be spent on the purchase of finished or under construction housing or on the construction of a house. A loan for construction will be secured by existing housing.

On the eve of the Prime Minister Dmitry Medvedev signed preferential mortgage decree in the Far East. Its term should not exceed 20 years and an amount of six million rubles. Families can get such a loan once and only for the housing in which they will live.

To implement the program from the federal budget will allocate more than 14 billion rubles. This will allow to issue 147 thousand loans in the amount of 450 billion.